About Algorand Algorand is a cryptocurrency and blockchain protocol that aims to be simultaneously scalable, secure, and decentralized. It uses a consensus algorithm called pure proof-of-stake.
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“Algorand is a smart contract platform trying to solve the blockchain trilemma (scalability, decentralization, security) and help democratize finance,” says Boggiano. Bitcoin is the slowest in this department at just 5 TPS. The Ethereum network can do up to 13 TPS.16 Oca 2022
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